Traders EURUSD has been waiting for a good bounce from 0.96387 level which it saw today. Depending on the market close today, if it closes a good strong candle there is a possible positions trade coming in EURUSD which can push the price to much higher-levels completing W patterns at these 2 FCP zones approx. at these levels. This may take weeks and possibly...
Traders and Investors, With the dollar strength the indices have been taking a beating. US30, US500 and US100 have been following the same pattern but the leading one is still Dow Jones (US30). So far: 1. It has crossed the 200 sma on the weekly timeframe so a bounce/retest is expected at some point. 2. There is an FCP zone coming around round number 29000...
Traders and Investors, The VIX picked up a lot of strength and violated the bearish flag that was earlier forming. Now it has just completed a W pattern which means that it can take a bit of correction. An extended version of this W pattern places the price in the next FCP zone as well. So although there are chances of it falling down, a little more strength can...
Traders and investors, Gold has been falling for straight 6 months. Now that on the monthly time frame XAUUSD has broken the mid point of potential M pattern, it can try to retest. However it all depends on how it closes this week and month. So watch it closely. Please support this analysis by liking and sharing. 👍🙂 Rules: 1. Never trade too much 2. Never...
Traders and Investors, With the dollar strength the indices have been taking a beating. US30, US500 and US100 have been following the same pattern but the leading one is still Dow Jones (US30). On the SnP500 so far: 1. It has NOT touched/crossed the 200 sma on the weekly timeframe so a test and then a bounce is expected at some point. 2. There is an FCP zone...
Traders and Investors, Dollar has been on a run again and it is moving towards our multi year target of 113 which we predicted nearly 2 years ago. Although it completed a W pattern and was inside an FCP zone, it did not have a substantial correction. On smaller time frames, it showed a little retaracement but that was not enough. The strength in dollar is taking...
Traders & Investors, US 10 Year Bonds have been on the rise. After a minor correction they rose higher but now they could be approaching an FCP zone which can act as a resistance. We also have Relative Strength Index divergence setting up on weekly time frame. Out this on your watch list as this can impact stock market, indices and other asset classes due to...
Traders, USDJPY has been extremely bullish for last few months and this Forex pair is the one giving most of the strength to DXY (Dollar Index). Now USDJPY could be reaching an FCP zone along with a multi year cross trend line. This can give us the final target for our bullish trades and may also give us good opportunity for short trades depending on a good...
Traders, Intraday USOIL (WTI) has been slipping but the structure has been broker to the upside on the smaller timesframes. There is a very good confluence zone coming up soon on Crude Oil which can be a great place for long entry if the confirmation arrives. This can be a little risky trade so manage the risk. The target ultimately is the unfilled gap which left...
Traders, $VIX Is In The Zone, Can Take A Correction. Watch $DXY too with it. If these 2 fall, we are looking at some relief in indices (Dow Jones, SnP500 and NASDAQ) Rules: 1. Never trade too much 2. Never trade without a confirmation 3. Never rely on signals, do your own analysis and research too ✅ If you found this idea useful, hit the like button, subscribe...
Traders, BANKNIFTY Can Rise Intraday. We have an FCP zone and an unfilled gap. So watch out for this intraday opportunity. NIFTY Rules: 1. Never trade too much 2. Never trade without a confirmation 3. Never rely on signals, do your own analysis and research too ✅ If you found this idea useful, hit the like button, subscribe and share it in other trading...
Traders, NASDAQ ($NAS100) US100 Can Rise Intraday. We have an M pattern, a demand zone and an unfilled gap. So watch out for this intraday opportunity. Rules: 1. Never trade too much 2. Never trade without a confirmation 3. Never rely on signals, do your own analysis and research too ✅ If you found this idea useful, hit the like button, subscribe and share it...
Traders, USDJOY has been very bullish over months and now it is truing to go back to the previous highs. In the process it is creating a FCP Pattern which can push the price down at least for a correction. These are the 2 zones that we should be watching for trading opportunities. Rules: 1. Never trade too much 2. Never trade without a confirmation 3. Never...
Traders and Investors, DXY: The dollar (DXY) bullishness has not ended yet. As expected and last posted, dollar took a little correction and then started to move higher to rested previous highs around 109.355. This local structure is forming a W pattern inside an FCP zone so we should manage our long positions and ideally look for short positions. However a...
Traders and Investors, Apple Inc ($APPL) has completed a W pattern which can push the price down. It also has reached an areas of resistance so we can can expect a move down. The downward arrows show the possible bearish targets. However, if the apple stok breaks above the starting point of the W pattern and crosses the limit, then we should look for further...
Traders, GBPUSD can rise as an FCP M pattern has been completed. However this may not be able to push the price too high as the DXY is still rising and strong. So if you are looking for a smaller bounce then look for a confirmation on this GBPUSD pair and take the entry. On the chart there are 2 arrows which point at the approximate profit targets. Take one step...
Traders, Like majority of the stocks in this market cap category there is an M pattern which has been completed. This means that we now have a bullish bias on this stock. A trend line has been broken and retested successfully which means that this stock price is ready to go higher. As the overall market is taking a little recovery (upside correction so far), this...
Traders, Speaking to my of my investor friend in the US around a year ago, I predicted alibaba to fall below 100 and that's when we could get a chance to buy back again. Alibaba $BABA Has been consolidating at the current levels for few months under 100 dollars. Now as it has created a very good pattern inside the bollinger band, this can become a speculative buy...